Disputing Blog by Karl Bayer, Victoria VanBuren, and Holly Hayes
Disputing would like to invite you to check out Liz Kramer’s recent blog post entitled CFPB’s Preliminary Report: Financial Consumers Can Only Avoid Arbitration By Using A Credit Union. In her post, Ms. Kramer discusses the surprising and expected findings included in the Consumer Finance Protection Bureau’s 168-page preliminary results regarding consumer financial arbitration.
According to Ms. Kramer:
This well-written report is the CFPB’s preliminary findings about consumer financial arbitration, which is that agency’s homework assignment under the Dodd-Frank Act. In short, the study does a nice job finding statistics where statistics are hard to come by, confirming some things that we all knew from reading the case law in the last few years, and shedding light in a few areas.
You can read more on the report and other timely topics at Arbitration Nation.